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Problem:

Ganos Lal's Store has net working capital of $1,700, total assets of $17,200, total debt of $14,400, and net fixed assets of $8,700.

Required:

Question: What is the value of the current liabilities?

Note: Please provide reasons to support your answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91167898

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